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6.06%

17.5¢ leigh creek energy limited

LCK Price, page-268

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Driven123

103 Posts.

20

07/03/19

23:30

Post #: 37692227
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Originally posted by dedication36: ↑

I think we will end up like GLL, a big spike up from 9c to 25c and slow pull to 18c for 2 months then a big spike to 74c after a positive pilot update.
LCK is showing a similar trend, a big surged from 9c to 25c and remains relatively stable within 18-21c range for some time now.
Once the big announcement drop, we are very likely going to end up like GLL.
But add on top of that with a commercial approval, JV, potential partnerships, re-rating gas price etc then we will fly to $1+.

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Just had a very quick skim over a couple of Ann's from GLL. They are still aiming to prove up to 500PJ of coal seam gas into a 2P. If LCK can pull off up towards 1000PJ 2P, then I can't see why we won't be sitting up over $1+ and a $500m MC. Giddy up guys. Then bring on the take over offers in coming months. Giddy up again. GLTAH

LCK Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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